Money Market

Development Bank of Southern Africa announces Financing of 21 Renewable Energy Projects

This announcement comes two weeks after the release of the DBSA’s financial results which revealed that the bank had delivered a net profit of R2.6bn October 7, 2016/The Development Bank of Southern Africa The Development Bank of Southern Africa (DBSA) (www.DBSA.org) has financed 21 renewable energy projects since the launch of […]

W’Bank: Only 20% of Muslims Have Access to Financial Services

October 7, 2016/Thisday The Vice President and Treasurer of the World Bank, Arunma Oteh on Thursday disclosed that less than 20 per cent, which is approximately 1.6 billion Muslim population across the world have access to financial services. According to her, the growing products in Islamic finances are capable of closing […]

CBN Publishes H1 2016 Financial Stability Report

Culled—Proshare Executive Summary Global output growth in the first half of 2016 was sluggish and uneven, mainly because of the slow recovery of commodity prices and the impact of the British vote to exit the European Union. In many of the advanced economies, growth has remained depressed, but was divergent […]